Niacin Supplements

question 4

Multiple Choice

Niacin supplements:

• A)are commonly used in the US since niacin deficiency is a public health concern.
• B)provide an essential energy boost.
• C)may decrease LDL cholesterol and increase HDL cholesterol.
• D)are associated with an increase in heart attacks.

---

Definitions:

Lot-For-Lot

Lot-for-lot ordering is an inventory management technique where the order quantity is set equal to the demand for the next period, optimizing inventory levels and reducing holding costs.

EOQ

Economic Order Quantity; a model used in inventory management to determine the optimal order size that minimizes total holding costs and ordering costs.

Setup Cost

The expenses incurred in preparing equipment or processes for a production run or the start of an operation.

Holding Cost

The expenses associated with storing inventory over a period of time, including warehousing, insurance, spoilage, and obsolescence costs.